Follow a Proven Stock Trading Plan
Start Here
Market Overview:
S&P 500 futures are pulling back from recent highs, with price slipping lower intraday while the broader trend structure remains firmly bullish.
Bullish/Bearish Trend Analysis
Trend Condition: Bullish Trends: 14 Bearish Trends: 0
Trend Condition: Uptrend
Explanation: All fourteen trend lines are bullish and upward sloping, confirming full trend alignment despite short-term price weakness.
Trend Structure: wide and compressing
Implication: The wide separation between fast and slow lines reflects strong underlying trend health, though extension increases sensitivity to short-term pullbacks.
Probability Outlook:
Continuation: 65% — Full bullish alignment continues to favor the primary uptrend.
Consolidation / Pullback: 35% — Elevated price levels and wide structure increase the likelihood of near-term digestion.
Charts by TradingView
Overall Market Interpretation:
The broader trend remains strong and fully bullish by structure, even as price action cools near recent highs. The pullback appears corrective within an intact uptrend rather than a sign of distribution. As long as price holds above the 23.6% retracement, the dominant trend bias remains upward.
Follow a Proven Stock Trading Plan
Start Here
TrendCycle Daily
Daily Trade Idea
Performance
Understand Risk
Tidak ada komentar:
Posting Komentar